As far as newly minted stocks go, China's electric car maker Nio (NYSE:NIO) is off to a miserable start. Nio stock, currently trading near $4.00, is now down more than 30% from its September IPO price. Perhaps the startup isn't the next Tesla (NASDAQ:TSLA) after all.Source: Shutterstock Or maybe it is -- and investors only now remember one doesn't simply turn a multi-billion dollar enterprise into a profitable success overnight.That is actually the case here, to be clear. As we've seen far too often within just the past several months, investors are willing to dive head-first into a euphoric initial public offering based on a story, ignoring the fact that it's a sales pitch. Only afterwards do those pesky fundamentals start to matter, deflating puffed-up public offerings. Nio is the real deal, though. Even analysts expect big things soon.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe period between the public offering and validation, however, could be a rough one. Been There, Done ThatMore than a few recent public offerings have turned out punitive for early believers.GoPro (NASDAQ:GPRO), for instance, now trades 70% lower than its 2014 IPO price. As it turns out, nobody disputes the company makes the world's best action cameras. It just so happens that most consumers don't care to own one.Snap (NYSE:SNAP) is presently valued about one-third less than its public-offering price (and 60% less than its post-IPO high) not because it's a poor social networking platform, but simply because consumers don't need another one other than Facebook. * 10 Small-Cap Stocks That Look Like Bargains Demand or marketability aren't the problem here, however. Electric carmaker Nio is, more than anything else, a name that went public too soon.Founded in 2014 and initially owned by Tencent Holdings (OTCMKTS:TCEHY), Hillhouse Capital and founder and CEO Bin Li just to name a few, the company was largely designed to recreate what Tesla had done to date -- but do it better, and do it in China. While at the time of its September IPO, it had only made a few hundred vehicles, by the end of last year the company made almost 13,000 of its one-and-only ES8. The company clearly did something productive with the $1 billion it raised in that initial round of fund-raising.Nio and the early buyers of Nio stock still learned a quick lesson the hard way, however. That is, its vehicles may be just as marketable as Tesla's, and nobody doubts the company can scale up (existing automaker JAC, in fact, has agreed to manufacture all the Nio-branded EVs the company wants), but Tesla had something back in 2010 that Nio didn't have last year -- something new (at the time) to tout that made a lot of sense (electric vehicles), addressing a market that nobody else was competing in (at the time), and making a pitch nobody else could make at the time.What Nio should have done is demonstrate a clear path to profitability first, and then asked for more money, positioning itself as the un-Tesla. With nothing new or novel to excite them, investors quickly lost interest.Welcome to the game. Looking Ahead for Nio StockNio may still lack the scale Tesla has at this time, but Nio is being built from the ground up to become and remain profitable. Indeed, it's being careful almost to fault. It's still unclear that's the case for Tesla, which would be a great talking point that so far's been underutilized.And for what it's worth, given China's aim of becoming the world leader in electric vehicles, it would be naive to think Nio isn't going to get all the help it needs as well to become a global alternative to Tesla… here, there, and everywhere else. Rival BYD, which is technically the world's biggest EV maker, certainly gets such support.It's just not going to all fall in place tomorrow.It may start to happen in earnest next year, though, and even more so the year after that.Analysts -- analysts in the U.S. -- forecast a top line of $720 million this year, which will grow to $2.2 billion next year, and continue to grow at this clip into 2021. By 2022, Nio should be in the black. Click to EnlargeThey're just guesses, to be fair, but they're guesses from professionals that get paid to keep their finger on the pulse of their respective markets and look past the near-term noise. As a group, they're usually in the ballpark. Bottom Line on NIOThe trick, as previously noted, is getting through the volatile period between now and then.Don't sweat it if you're kicking the proverbial tires and struggling to find anything to get excited about. The chart's current action isn't a reflection of the company, nor is the rhetoric surrounding it, but it's rough all the same. There's still a myriad of the usual post-IPO kinks to work out. Fair or not, traders are still in control of Nio stock, and without any clear-cut bullish history to tout -- the result of going public a tad too early -- there simply aren't enough fans and followers on the same page to change the current direction of the Nio stock price.This is just part of that clumsy transition from being a new stock to an established company. Not unlike one's teenage years, they're going to be awkward. * 7 Safe Stocks to Buy for Anxious Investors Give it time, though. It'll turn out fine. Remember, Facebook (NASDAQ:FB) was a train wreck coming out of its 2012 IPO, getting more than chopped in half within a few months. Five years later, it's up nearly 500% from its public-offering value.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Safe Stocks to Buy for Anxious Investors * 4 Tech Stocks Looking Vulnerable * Should You Buy, Sell, Or Hold These 7 Hot IPO Stocks? Compare Brokers The post If Nio Stock Has Disappointed You, Read This appeared first on InvestorPlace.

GoPro Inc NASDAQ/NGS:GPROView full report here! Summary * Bearish sentiment is moderate and declining Bearish sentimentShort interest | PositiveShort interest is moderate for GPRO with between 5 and 10% of shares outstanding currently on loan. However, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on May 2. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold GPRO had net inflows of $1.55 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

GoPro (NASDAQ:GPRO) has seen its stock rise over 70% in 2019 as the company works to recover from several disastrous years, including a failed attempt to enter the consumer drone market. In the past week, GoPro stock has notched impressive gains after better than expected Q1 financials and news the company was moving U.S.-bound camera production out of China to avoid tariffs.Source: Shutterstock The China move was exciting for investors, however drones have come back to bite GoPro. Specifically, DJI the Chinese company that dominates the consumer drone market. Looking to expand beyond drones, on Wednesday DJI launched its own Osmo Action camera.It's priced lower than GoPro's flagship HERO7 Black, it's doing very well in reviews and outlets like The Verge are warning "GoPro should be worried."InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 6 Chinese Stocks That Could Pop On a Trade Deal DJI Releases the Osmo Action CameraAt this point, China's DJI is synonymous with consumer drones. Models like the Phantom and Mavic dominate consumer drone sales. And for years, DJI has been developing its own cameras to mount on those drones. Now the company is taking that camera expertise to a new market: action cameras.On May 15 the company officially announced the new Osmo Action camera. The new $349 device offers 4K video recording at 60 fps, HDR, slo-mo video, electronic image stabilization, voice control, a rugged and waterproof design, live feed to a smartphone, included mounts for helmets and bikes, and a unique double-screen design for selfie composition.The Osmo Action camera is clearly gunning for GoPro's flagship HERO7 Black, and to make things interesting DJI undercut GoPro by $50. Why GoPro Should be WorriedTo GoPro, the new Osmo Action camera must feel a little Karmic. In 2016, with GoPro stock slumping and worries that smartphones would begin to supplant its action cameras, GoPro decided to diversity. It chose to enter the hot consumer drone market, and targeted market-leader DJI with its GoPro Karma drone. Of course, the Karma turned into a disaster. Weeks after launch the GoPro drones were falling out of the sky, resulting in a recall. The re-launched drone failed to make a dent against DJI -- which released the lower priced Mavic drone in response -- and GPRO ended up exiting the drone market, laying off staff, and focusing on a turnaround as GoPro stock hit record lows.In its most recent quarter, GPRO was still reporting a loss, but revenue was up 20% year-over-year and margins were up to 33% from 22% the previous year. Much of this was on the back of its flagship HERO7 Black action camera.GoPro says it captured 97% of all dollars spent on action cameras in the U.S. for the quarter. It shipped 842,000 cameras during the quarter (up 11%) and 85% of those were the HERO7 Black - which accounted for over 90% of the company's action camera revenue.Just like GoPro went after DJI's drone business with the Karma, DJI is coming for GoPro with the Osmo Action camera. The launch has already had an impact on GoPro, with the company quickly discounting the HERO7 Black by $50. That's going to cut into those margins. Reviews of the Osmo Action camera have been largely positive. DJI's camera seems to be well positioned to take on the HERO7 Black and adds new features that DJI lacks -- including the second screen for easier setup of selfie recording. It's also compatible with most GoPro mounts, although DJI is including adhesive mounts in the box for attaching the camera to helmets, bikes and other surfaces.At this point, GoPro stock hasn't been impacted by the release of the Osmo Action camera. But if DJI has any success in breaking into the market, GPRO's reliance on its action camera sales means the impressive 2019 GoPro stock recovery will be under threat.As of this writing, Brad Moon did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy that Lost 10% Last Week * Top 7 Dow Jones Stocks of 2019 -- So Far * 5 Service Stocks That Can Win the Trade War -- According to Goldman Sachs Compare Brokers The post Osmo Action Could Put an End to the GoPro Stock Turnaround appeared first on InvestorPlace.

Why GoPro Stock Gained Over 11% on May 14(Continued from Prior Part)Stock returnsGoPro (GPRO) stock has had a spectacular run this year. The stock has gained 25% since the start of May 2019 and is up by a whopping 74% in 2019. However, despite

Why GoPro Stock Gained Over 11% on May 14(Continued from Prior Part)HERO7 BlackGoPro (GPRO) is optimistic about demand for its line of camera products. A strong sell-through and focus on its flagship product, the HERO7 Black, resulted in a

Why GoPro Stock Gained Over 11% on May 14(Continued from Prior Part)Stock has gained close to 25% this monthGoPro’s (GPRO) stock has gained an impressive 25% in May 2019 at a time when the broader markets have pulled back and consumer technology

Why GoPro Stock Gained Over 11% on May 14Trade war led to tech sell-off this weekThis week has been a volatile one for the markets. The trade war between the United States and China (FXI) has escalated. Last week, President Trump tweeted that the

For a brief time, DJI and GoPro were partners — or at least uncomfortable allies. Way back in 2014, the companies were joined together with the intention of building a drone designed to capture athletes in motion. GoPro went all in on its own drone, but Karma’s launch was wobbly, to say the least.

The action camera space has a new player: DJI . Today, the company revealed Osmo Action ( $349 ), its first ruggedized, compact shooter. The Osmo Action, which is designed to compete with GoPro's Hero line, features a 1/2.3-inch sensor capable of capturing 12-megapixel photos, 4K and 4K HDR video. It also comes with electronic image stabilization (EIS), which is going to come in handy during your adventures. But what really makes the Osmo Action stand out are its dual displays: There's a 2.25-inch touchscreen on the back and a 1.4-inch on the front, the latter of which has 800 nits of brightness that will help it be useful in direct sunlight.

Well, here's a surprise. After GoPro trod on DJI's foot with its ill-fated Karma drone , DJI is stomping right back with a rugged camera of its own -- the Osmo Action. It looks like a GoPro, is similarly priced ( $349 -- $51 cheaper) and pretty much goes toe-to-toe with the Hero 7 Black on key specs. Can DJI pull off what GoPro couldn't, and give its rival a run for the money? We'll get to that, but at the very least, the king of action cams has a new challenger to fend off, and that can only be a good thing for video-loving action fans.

One example: The latest action in shares of action camera maker (GPRO) shares of which rose 11% on Tuesday. One reason seems to be a Monday news release, in which GoPro (ticker: GRPO) said cameras bound for the U.S. will be made in Mexico starting next month, while ones headed elsewhere will stay in China. The Mexico bit, in particular, was announced in February, and management said then that it hoped the change would also improve supply-chain efficiency and generate modest savings.

Stocks are seeing a solid bounce on Tuesday, after taken a pretty serious beating on Monday. The bounce went through a few key technical levels on the short term. Now it gets a little trickier to navigate as we approach the middle of the recent range -- especially since many investors feel that another leg down is likely here. Let's look at some top stock trades for tomorrow. Top Stock Trades for Tomorrow No. 1: Ralph Lauren Click to Enlarge Shares of Ralph Lauren (NYSE:RL) are being hit on Tuesday, falling 4.25% but are off the lows of the day after the company reported earnings. It's promising to see RL bounce, but it's not out of the woods yet.I would feel better about RL if it clawed its way back above $115. That's particularly true if we start getting more selling pressure in the broader markets. The stock is now below the 20-day and 50-day moving averages and if it can't reclaim this area, lower prices may be in store.InvestorPlace - Stock Market News, Stock Advice & Trading TipsI'm watching the $101 area, near the 200-week moving average. Below $100 and the 2018 lows near $95 are on the table. * 6 Trade War Stocks With a Lot of Risk RL is sort of in no-man's land here. I need to see more selling or a further rally to get more interested. Top Stock Trades for Tomorrow No. 2: GoPro Click to Enlarge Shares of GoPro (NASDAQ:GPRO) are ripping higher on Tuesday, climbing almost 10% on the day. The move emphasizes an important breakout.Less than two weeks ago we asked if GPRO stock could run 20% to new 2019 highs. I guess we have our answer. But now what? Shares broke through multi-year downtrend resistance (blue line) in March and then pulled back and tested that level this month. Prior resistance held as support and here we go.In the short-term, bulls have won the battle. But for the momentum to continue, GPRO has a tough test ahead of it. Shares need to push through this $7.60-to-$8 area to really get a sustainable move higher. If it can, perhaps a move up toward the 200-week moving average is possible.On a pullback, I prefer to see the 10-week moving average hold as support, but need to see the 50-week hold. Below and we get a retest of prior downtrend resistance. Top Stock Trades for Tomorrow No. 3: Cronos Group Click to Enlarge Where Cronos Group (NASDAQ:CRON) is bouncing from comes as little surprise to InvestorPlace readers. However, be careful as it approaches channel resistance and a declining 20-day moving average.If it can close above the 20-day, then a breakout could get underway. Short of that though, resistance could knock it back down to $14 or down to the 200-day moving average. Top Stock Trades for Tomorrow No. 4: Take-Two Interactive Software Click to EnlargeTake-Two Interactive Software (NASDAQ:TTWO) is finally starting to move higher, this time on earnings, and is repairing some of the technical damage it suffered in Q4 2018 and Q1 2019. Shares are over downtrend resistance, as well as the 50-day and 20-day moving averages.Now what?The next test will seemingly come from the 200-day near $110. But keep in mind that the 38.2% Fibonacci retracement for the 52-week range rests at $105.61. Failure to hurdle this level could stop TTWO relatively soon. Either way, see that $100 and/or the 20-day moving average hold as support. Top Stock Trades for Tomorrow No. 5: Tanger Factory Outlet Click to Enlarge Tanger Factory Outlet Center (NYSE:SKT) has been disastrous and recently hit a new 52-week low. Its dividend yield is now north of 7.5%, although the payout appears to be safe.The 10-week moving average continues to pressure shares lower, so until SKT can close above that, it remains a tough buy from a trading perspective. The $19 level also acted as a floor for SKT in the past. Ideally we will get the stock above both levels, which will show that it's got at least a little bit of momentum.If it can't get back above $19 and its 10-week moving average continues to pressure it lower, see if its lows hold. A close below $18 likely sends SKT to new lows.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 6 Trade War Stocks With a Lot of Risk * 7 Bond ETFs to Buy * 10 Stocks That Could Squeeze Short Sellers, Including CGC Compare Brokers The post 5 Top Stock Trades for Wednesday: RL, GPRO, CRON appeared first on InvestorPlace.

Thanks to another well-timed tweet by President Donald Trump, U.S. equities are bouncing back on Tuesday on fresh hope for a U.S.-China trade deal. Also helping was Trump's disputing of a New York Times report that the Pentagon is reviewing a military plan for Iran that involves sending 120,000 troops to the Middle East.This stands in stark contrast to the fears in play on Monday, with China vowing retaliatory measures including curtailing imports of Boeing (NYSE:BA) aircraft and the dumping of U.S. Treasury holdings. * 6 Trade War Stocks With a Lot of Risk The move was enough to push the Dow Jones Industrial Average back above its 200-day moving average and is focusing buyer attention on the handful of stocks that have largely ignored the month-long bout of volatility. Here are five worth a look:InvestorPlace - Stock Market News, Stock Advice & Trading Tips Consumer Stocks :Procter & Gamble (PG)Procter & Gamble (NYSE:PG) shares have shaken off the broad market pressure to keep marching higher, inching towards a new record high as it keeps riding support near its 50-day moving average. Shares were also barely affected by the volatility seen late last summer as well, continuing an uptrend that started in April 2018 that has seen shares gain more than 50%.The company is scheduled to next report results on July 30 before the bell. Analysts are looking for earnings of $1.05 per share on revenues of $16.9 billion. When the company last reported on April 23, earnings of $1.06 per share beat estimates by two cents on a 1.1% rise in revenues. Coca-Cola (KO)Shares of Coca-Cola (NYSE:KO) are rising up to challenge resistance from double-top highs near the $50-a-share threshold. Zooming out, the stock has been in a steady if somewhat choppy uptrend since the 2009 bear market low -- the very definition of what you would expect from a well-run consumer staples company. * 7 Dividend Stocks to Buy as the Trade War Reignites Results will next be reported on July 25 before the bell. Analysts are looking for earnings of 62 cents per share on revenues of $9.4 billion. When the company last reported on April 23, earnings of 48 cents per share beat estimates by two cents on a 5.2% rise in revenues. Colgate-Palmolive (CL)Shares of Colgate-Palmolive (NYSE:CL) are pushing higher to challenge highs the stock last set in early 2018. This continues a sideways channel that has been in place since the middle of 2016. Shares were recently upgraded to "buy" by analysts at Zacks, who are looking for a $80-a-share price target.The company will next report results on July 26 before the bell. Analysts are looking for earnings of 72 cents per share on revenues of $3.9 billion. When the company last reported on April 26, earnings of 67 cents per share beat estimates by a penny on a 2.9% drop in revenues. Management reaffirmed its relatively bright 2019 outlook as well. General Mills (GIS)General Mills (NYSE:GIS) shares are continuing to attempt a breakout up and over three-month resistance near the $52-a-share level, setting up a run at its early 2018 highs near the $57-a-share level. Such a move would be worth a gain of nearly 10% from here. Shares have been trading at a discount to the average consumer packaged goods stock this year, making its relative price stability even more valuable in these volatile times. * 7 Cloud Stocks to Buy on Overcast Days The company is scheduled to next report results on June 26 before the bell. Analysts are looking for earnings of 76 cents per share on revenues of $4.3 billion. When the company last reported on March 20, earnings of 83 cents per share beat estimates by 14 cents on an 8.1% rise in revenues. GoPro (GPRO)GoPro (NASDAQ:GPRO) is something of an unusual pick for this list, on account of its position as a turnaround consumer electronics name. Shares have cratered since reaching a high in late 2015, losing some 95% of their value into the low set in December. Since then, shares have been scrambling higher and are pushing up and over their April high today.The company will next report results on August 1 after the close. Analysts are looking for earnings of four cents per share on revenues of $301 million. When the company last reported on May 9, a loss of seven cents per share beat estimates by two cents on a 20.1% rise in revenues.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 6 Trade War Stocks With a Lot of Risk * 7 Bond ETFs to Buy * 10 Stocks That Could Squeeze Short Sellers, Including CGC Compare Brokers The post 5 Consumer Stocks Ready to Push Higher appeared first on InvestorPlace.

GoPro Inc. said Monday it will begin production in Mexico of U.S.-bound cameras in June, with sales beginning in the third quarter. The announcement comes after the action-camera maker said in December that it was moving production of all U.S.-bound cameras out of China to avoid potential tariffs. The company said it will maintain production of non-U.S. bound cameras in China. "As stated previously, our decision to move most of our U.S. bound production to Mexico supports our goal to insulate us against possible tariffs as well as recognize some cost savings and efficiencies," said GoPro Chief Financial Officer Brian McGee. GoPro's stock was unchanged in morning trade. It has run up 51.2% year to date, while the S&P 500 has gained 12.5%.